According to Bloomberg new energy finance, by 2040, renewables will make up 90 percent of the electricity generated in Europe, with wind and solar accounting for 80 percent. 2018 saw investments in the Middle East and Africa reach over 860 billion U.S. dollars. Germany, which has seen a lot of investment in the aim to phase out coal and nuclear in the pursuit of renewables saw over 540 billion euros of new energy capacity investment during 2018.
Investment in new energy capacity in Europe, the Middle East and Africa (EMEA) in 2018, by country
(in billion U.S. dollars)
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BloombergNEF. (June 30, 2019). Investment in new energy capacity in Europe, the Middle East and Africa (EMEA) in 2018, by country (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1024863/investments-in-renewable-energy-capacity-europe/
BloombergNEF. "Investment in new energy capacity in Europe, the Middle East and Africa (EMEA) in 2018, by country (in billion U.S. dollars)." Chart. June 30, 2019. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1024863/investments-in-renewable-energy-capacity-europe/
BloombergNEF. (2019). Investment in new energy capacity in Europe, the Middle East and Africa (EMEA) in 2018, by country (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1024863/investments-in-renewable-energy-capacity-europe/
BloombergNEF. "Investment in New Energy Capacity in Europe, The Middle East and Africa (Emea) in 2018, by Country (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jun 2019, https://www.statista.com/statistics/1024863/investments-in-renewable-energy-capacity-europe/
BloombergNEF, Investment in new energy capacity in Europe, the Middle East and Africa (EMEA) in 2018, by country (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1024863/investments-in-renewable-energy-capacity-europe/ (last visited December 30, 2024)
Investment in new energy capacity in Europe, the Middle East and Africa (EMEA) in 2018, by country (in billion U.S. dollars) [Graph], BloombergNEF, June 30, 2019. [Online]. Available: https://www.statista.com/statistics/1024863/investments-in-renewable-energy-capacity-europe/
